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Will Donald Trump win every state he won in 2016? Have a gut feeling the number of House seats the Democrats will win? Or more precisely, the day in which the loser of the 2020 presidential election will concede?
The 2020 election season is upon us and with it comes some exotic ways to guess the winners and losers.
It should be noted: while sports betting is legal in 19 of 50 states, elections and political prop bets are not accepted at any legal American books.
Nevada, once the only place in the U.S. where legal sports betting wagers were accepted, has long held a distinction in tolerance level between sports betting and political betting.
Given sports betting operations in the U.S. outside Nevada are still in their infancy, the lack of political betting props offered at U.S. sportsbooks can be viewed as a nod to Nevada never having offered props of their own on politics or elections.
It can be said the emerging U.S. online sportsbook sector led by DraftKings (NASDAQ:DKNG), Penn National Gaming (NASDAQ:PENN) and MGM Resorts International (NYSE:MGM) are missing out on their slice of the election pie: European gaming brand Betfair recently reported around $260 million has been bet on the 2020 U.S. presidential election.
For now offshore, online sportsbooks and PredictIt are wagerers home for political betting props.
Offshore sportsbooks BetOnline, Bovada and Heritage Sports are offering bettors a menu of betting props, including the opportunity to pinpoint the percentage of popular vote to be garnered by Trump and Biden. You can even bet the exact day the loser of the 2020 election will concede.
The following are the best prop bets for the 2020 presidential election:
Odds to win the 2020 presidential election
- Joe Biden: -190
- Donald Trump: +165
Democratic party election sweep
- Yes: -140
- No: +110
U.S. Presidential Election Special
- Biden to win presidency and popular vote: -175
- Biden to win presidency and lose popular vote: +2200
- Trump to win presidency and lose popular vote: +240
- Trump to win presidency and popular vote: +475
Winner of popular vote wins electoral college
- Yes: -270
- No: +210
Nominee to win the popular vote
- Joe Biden: -675
- Donald Trump: +475
Voter turnout in the U.S. Presidential Election
- Over 149.5 million voters: -500
- Under 149.5 million voters: +350
House seats won by Democrats
- Over 209.5 seats: -1500
- Under 209.5 seats: +600
Percentage of votes for Kanye West
- Under 0.5%: -1500
- Over 0.5%: +600
Photo of Donald Trump via the White House; photo of Joe Biden via Kuhlmann/MSC on Wikimedia.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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